Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1887-06-24

his = TIE Nay x puo4G-n ccnAlO-
looks Al Republican prospects In New
YORK: "McGlyun and George viii draw
back every Roman Catholic in the eOun-
tTy 70 The Democratic party, and the
liquor legislation Of orr people viii array
the Germans against u. Our people had
better 20 slow on the labor busiDess, OF
they vii Ind il a sword that can cut
bo,h WAYS. II tie Roman Catholic sle-
u.ent l. driven oct Of the labor party b
tie zp0stasy Of MeGlynu and He1ry
Georges derunciltiOns Of the pope, and
the German element are driven out OF our
party by thirst the remaining elements
in the labor movement would comprise a.
many Republicans a. DenOerats We
must prepare % place no dependence on 4
streak o. luck fran the labor detection
THE FIDELITY BANK sWISDLE-
The Fidelity Bank sEindle Is Appearing
worse and worse as the Bank Examiner
Investigation proceeds The liabilities
reach about s., 900, while the assets
dWindle towards zero. The depOsitOrs get
almost nothing. while the wheat gamblers
get almost all Msssrs- HAEPER, BALD
WIN and HOPKINS, the three hank officials
implicated, Will probably get their reward
in the inside Of psnitsntATy. Crimes
against the rational banking laws generally
meet with much more summary punish
ment than trAnsgrsssiOns against State
laws alone. Even the directors Of the
Fidelity Bank may find themselves brought
% sorToE.
That Chicago wheat corner has cut a
WIDE sWaih among the gamblers and those
who have trusted them The heavy tall
ures in Chicago, Cincinnati and other
Plies, are but 4 portion Of the losses
Many = man who WAS trying his luck BY
investing heavily in this speculation, bears
his misfortune in silence, and the public
VIII never know be Eas interested There
are many saddsr bat wiser men than
there were tEO weeks agO-
Bank Examiner POWnL Of Cincinnati,
says the gambling element must 60 -
That VII Be true 30 far IS The sWindling
bank o6ciAls are concerned. But when it
CONES 20 fighting the gamblers IN WHEAT,
corn, eoal, coffee, and sueh other Reeessa-
ries, the gambling element viii 70 bat
very slowly The Pittsburg Co.'S
aeyeial Gassts quotes this decision
from Judge AGSEw, a. 70 The meaning Of
gambling. We must not eOnS01nd gam
bling, whether il Dc in corporation stock
or merchandise. With what Is commonly
called speculation. Merchants speculate
upon the future prices Of that in which
they deal and buy and sell accordingly.
In Other words, they think Of and weigh
that i, speculate uPOn-the probabilities
ofths common market, and act upon this
lookout into the future in their business
Transactions, and in this they often s1hibit
high mental grasp and great kDOSiedge
Of business and Of the Affairs Of the world
Their sPecalstiOns display talent and fore
cast, but they act upon their conclusions
and buy or sell in bona ysSs way. And
the law dos not condemn such tEsnsae-
tons providing the intention really i that
the commodity shall be actually delivered
and received when the tine for delivery
arriyes''
II the commodities speeulated upon were
always delivered to the purchasers gAmb-
hing could not Be carried On to any extent
20 what IL Is DOW But when q thousand
sales Of the sane article can be made in the
sane week without . single delivery, OF
even \ single thOught Of il, gambling Is too
easy, and such failures a. those IN Chicago
and Cineinnati periodically follow as the
razrslE